Market Recap – July 26th
The markets performed poorly with the S&P 500 down 1.15%, the Dow Jones down 0.71%, and the NASDAQ down 1.87%. Yesterday’s after-hours earnings really weighed down on stocks even though there were some really promising ones Tuesday morning.
One example was General Electric, who rose by 5 percent after reporting amazing earnings as their aviation business excelled. Following the market’s trend was Coinbase once again, who fell 20 percent over an SEC crypto probe that the company is facing.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.